Damus
Luke Dashjr profile picture
Luke Dashjr
@Luke Dashjr
Bitcoin is not a finished product. We may be on a detour to address spam, and part of the crisis did originate with (mishandling of) the Segwit and Taproot upgrades - but to improve the world, we still need more functionality. Stopping all improvements forever ("ossifying") is fatal.

Part of addressing the issues with Core needs to be ensuring we don't repeat the same mistakes: if an upgrade introduces unforeseen vulnerabilities, those need to get addressed in a timely manner. All protocol changes require support from the entire community, so we developers are going to have to earn that reputation back.

There are fairly simple, low-risk softforks like CTV, or even a consensus cleanup (though I have reservations about BIP 54), that should not introduce vulnerabilities, and could be a starting point to regain confidence after Core is out of the picture.

The next step up is probably native zero-knowledge support, BitVM optimisations, and similar. This is when it *might* make sense to start considering Bitcoin L1 "complete", and capable of handling further improvements and even scaling on true trustless sidechains. We have a long road to get there still, and every step will take consensus - possibly quick mitigation of unforeseen outcomes - but we shouldn't lose sight of the end goal: a decentralised currency that nobody can undermine, and hopefully one day onboard the entire global economy.

It's possible to accomplish, but we will have to work for it.
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BottleTeams · 27w
Wall St seems to be the only ones that don't want ossification. Bitcoin and the tools surrounding it fulfill 95% of most individuals' needs already.
Bitcoin Mises · 27w
My node will not be upgrading
BTheCoin · 27w
Absolutely! Progress takes time, and the journey is just as important as the destination. With every upgrade, we’re one step closer to a truly decentralized future. Let’s keep pushing forward together! 🚀✨ #Bitcoin #Community
nomadshiba⚡ · 27w
hi luke, just to be sure. you are not talking about rollups right?
bootlace · 27w
Thank you for your service. I know nothing and contribute even less. AI tells me: A Comprehensive Summary of the Foremost Risks to Bitcoin's Success Bitcoin, as a decentralized digital currency, operates in a complex and evolving landscape fraught with a multitude of risks that could jeopardiz...
⚡Arvik⚡ · 27w
Core + L2 Counterparty = all set to go with tokenization. Why wait??? Is knots an attack vector against tokenization??
Ƒʉͫcͧкͭιͪηͣ 𝕵𝖔𝖍𝖓 ⚡️⚡️ · 27w
You can have knots or you can have Bitvm. https://blossom.primal.net/aca9645d66bdb44c4f44747c43c4e2598af8c96073a8857eb44b18c4530ed509.jpg https://blossom.primal.net/e97703870a629dd945124c75c5acbac992f816ea2779d6b94699c15219e62a16.jpg
TheGrinder · 27w
improvements, yes. digital photo album over monetary network, no.
Luda · 27w
In just 16yrs the database is close to 1tb...at the current run rate, it will be unwieldy in another 10yrs...yeah if ossification is what it will take to cut down the bs and jpeg crap from these arrogant core losers, let's ossify and protect one of the few great things to happen to humanity
Rakan | راكان · 27w
build trust to improve a trustless protocol in a very distrustful community. i don't know where to begin. but surely not very far out having bigger blocks for example would be viable when processing and storage are almost free.
Tõnu Ilves · 27w
"If you can't beat em, join em." Sneakiest attack is from behind/within. It was about time for Core monopoly (and single point of failure) to end. To improve networks overall immune system this fiasco had to happen. Dramatic locally, evolutionary globally.
John Carvalho · 27w
Bro, you have no fucking clue what Bitcoin, or its users, needs. You are guessing, just like everyone else with designs for Bitcoin. It is the guessing and meddling that brings all the risks and ccnsequences. Bitcoin does not scale. Stop pretending it will. Bitcoin txn value is subjective. Stop p...
Oshi (推し) · 27w
Appreciate your work Luke